favorable or unfavorable?

Suppose you are a cost accountant at M&M. Below is the information on direct labor for March: Direct labor hours worked (AQ) Standard direct labor hours for units manufactured (SQ) Unfavorable direct labor rate variance Total payroll for direct labor 35,400 37,700 $ 17,700 $ 407,100 1.(3 points) What was the total direct labor flexible-budget variance in March? (Rounded to the nearest dollar.) $ favorable 2. (5 points) Following the interpretations in the lecture videos, how will you analyze and explain the above variance to the company? Briefly show your work and reasoning. Toolbar navigation B I U = = = 1901 s : > R2 Ks